Indian Government Revises Import Tariff Values for Edible Oils and Areca Nut from July 1
02 July 2025, New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has announced revised tariff values for key agricultural imports, including edible oils and areca nut, effective from July 1, 2025. The changes have been notified under the Customs Act, 1962, to reflect prevailing international market prices and ensure fair valuation during customs clearance.
Edible Oils See Moderate Tariff Value Adjustment
Edible oils, crucial to India’s food and agri-processing sectors, have received updated tariff valuations as follows (per metric tonne in USD):
- Crude Palm Oil: $1006
- RBD Palm Oil: $1032
- Other Palm Oils: $1019
- Crude Palmolein: $1044
- RBD Palmolein: $1047
- Other Palmolein: $1046
- Crude Soyabean Oil: $1095
These adjustments could impact importers, processors, and downstream industries including edible oil refiners and food manufacturers. India continues to rely heavily on imports to meet its edible oil demand, particularly from countries like Indonesia, Malaysia, and Argentina.
Areca Nut Tariff Value Remains Unchanged
The tariff value for areca nut remains unchanged at $6970 per metric tonne. Areca nut, largely cultivated in southern Indian states such as Karnataka, Kerala, and Assam, is a critical crop for many smallholder farmers. The unchanged tariff valuation provides stability for both domestic growers and traders amid fluctuating international prices.
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